James E. B. Austin and John Austin to Unknown, 11-22-1825


Summary: Articles of partnership. James E. B. Austin and John Austin to build and operate a cotton gin.


This agreement, between James E. B. Austin and John Austin witnesseth that the said James and John have associated themselves in partnership for the objects and on the footing stated below that is to say, the objects of said partnership are to build a Gin, and carry on the ginning business, on the land granted to said James in this Colony, and also to engage in commercial buisness generally—

The conditions of the partnership are that all capital or advances made by eather of said parties shall be charged to the Company and accounted for at the expiration of the partnership,— The nett profits of the concern shall be equally divided between the parties. The partnership shall continue for two years unless sooner dissolved by mutual Consent—

Jas. E. B. Austin [Rubric]

John Austin [Rubric]

San Felipe de Austin November 22nd 1825